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July 29, 2015 9:50 AM ET

Insurance

Company Overview of Validus Reinsurance, Ltd.

Company Overview

Validus Reinsurance, Ltd. provides property catastrophe, per risk, marine and energy, retrocession, and specialty short-tail lines of reinsurance. It also provides property pro rata, aviation and satellite, war risk, terrorism, and workers' compensation catastrophe. The company was founded in 2005 and is based in Hamilton, Bermuda. Validus Reinsurance, Ltd. operates as a subsidiary of Validus Holdings, Ltd.

29 Richmond Road

Pembroke

Hamilton,  HM 08

Bermuda

Founded in 2005

Phone:

441-278-9000

Fax:

441-278-9090

Key Executives for Validus Reinsurance, Ltd.

Chief Executive Officer
Age: 41
Executive Chairman, Chairman of Validus Holdings Ltd and Chief Executive Officer of Validus Holdings Ltd
Age: 56
Executive Vice President and General Counsel
Age: 55
Chief Financial Officer, President of Validus Holdings, Ltd. and Chief Financial Officer of Validus Holdings, Ltd.
Age: 49
Chief Risk Officer
Age: 55
Compensation as of Fiscal Year 2015.

Validus Reinsurance, Ltd. Key Developments

Validus Reinsurance, Ltd. Announces Executive Promotions

Validus Reinsurance Ltd. promoted three executives in its Bermuda office. Chris Estwanik was promoted to vice president, U.S. property underwriter. He was previously assistant vice president, U.S. property underwriter. Mark Robinson was promoted to vice president, international property underwriter from assistant vice president, international property underwriter. Additionally, Cameron Maffit was promoted to assistant vice president, specialty and marine underwriter. He previously was specialty and marine underwriter.

Validus Reinsurance, Ltd. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Validus Reinsurance, Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2014. Gross premiums written for the three months ended December 31, 2014 were $32.7 million compared to $10.3 million for the three months ended December 31, 2013, an increase of $22.5 million, or 219.4%. Net premiums earned for the three months ended December 31, 2014 were $230.5 million compared to $250.3 million for the three months ended December 31, 2013, a decrease of $19.8 million, or 7.9%. Net operating income available to company for the three months ended December 31, 2014 was $132.1 million compared to $92.1 million, for the three months ended December 31, 2013, an increase of $40.0 million, or 43.4%. Net income available to company was $140.2 million. Gross premiums written for the year ended December 31, 2014 were $1,136.9 million compared to $1,242.5 million for the year ended December 31, 2013, a decrease of $105.6 million, or 8.5%. Net premiums earned for the year ended December 31, 2014 were $917.3 million compared to $1,133.9 million for the year ended December 31, 2013, a decrease of $216.7 million, or 19.1%. Net operating income available to company for the year ended December 31, 2014 was $452.4 million compared to $508.9 million, for the year ended December 31, 2013, a decrease of $56.5 million, or 11.1%.

Validus Reinsurance, Ltd. Presents at 8th Annual Bermuda (Re)insurance Conference, Nov-12-2013 03:00 PM

Validus Reinsurance, Ltd. Presents at 8th Annual Bermuda (Re)insurance Conference, Nov-12-2013 03:00 PM. Venue: The Fairmont Hamilton Princess, 76 Pitts Bay Road, Pembroke HM08, Bermuda. Speakers: Kean D. Driscoll, Chief Executive Officer.

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